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Blockchain

Dubai VARA Offers provisional Virtual Assets License To OKX To Allow Extention Of Products And Services
Blockchain

Dubai VARA Offers provisional Virtual Assets License To OKX To Allow Extention Of Products And Services

OKX, one of the crypto exchanges got a provisional virtual assets license given by the Dubai Virtual Asset Regulatory Authority (VARA). This provision will permit the crypto exchange, OKX to propose additional services to sanctioned investors and financial services providers in Dubai, United Arab Emirates (UAE). Read Also: KtorZ, A Technical Director Of Open-Source Development At The Cardano Foundation, Gave A Reassuring Statement On the Upcoming Vasil HFC Event Interestingly, the UAE government founded VARA, Virtual Assets Regulatory Authority for the following reasons: To provide a legal structure for crypto in Dubai.To aim at securing investors.To create international standards for governance within the industry. It is good to note, that the largest airline in the UAE revea...
Ducati Motor Enters Web3 Space In Partnership With NFT PRO™ And Ripple
Blockchain

Ducati Motor Enters Web3 Space In Partnership With NFT PRO™ And Ripple

Just yesterday XRPL got another milestone in partnership. The popularity is rising daily.  For instance, Three weeks ago, Lotus, the iconic British performance car brand set to launch into NFTs.  It is to partner on its first NFT collection with industry expert NFT PRO, and with Ripple as the blockchain partner providing technical support on the ultra-fast, low-cost, and carbon-neutral XRP Ledger (XRPL) blockchain. Read Also: Cardano's Smart Contracts To Hit 3,000 And The IOG Team Posted A Video That Explains The Essence Of EVM Sidechain On Cardano On June 17th, Ripple broadcast its collaboration with FLUF world, a pioneer in 3D-enabled, content-rich NFT collections and experiences. The announcement settled the primary aim of the partnership, which was to bring “...
The largest Layer 2 Network On Ethereum in terms of TVL Is Set To Bring Forth The AnyTrust Technology By Launching Arbitrum Nova Chain
Blockchain

The largest Layer 2 Network On Ethereum in terms of TVL Is Set To Bring Forth The AnyTrust Technology By Launching Arbitrum Nova Chain

Recall the update in Early 2022, Arbitrum talked about the launch of Arbitrum AnyTrust technology optimized for the ultra-low-cost transaction and very good security. As stated by Arbitrum’s official page, the largest Layer 2 network on Ethereum in terms of TVL is set to bring forth the AnyTrust technology by launching Arbitrum Nova Chain, its Mainnet is now open for developers to start building ahead of opening up to end-users. Read Also: Uniswap Has Been Laundered Via A Tornado Cash And 4259 ETH Was Stolen. https://twitter.com/arbitrum/status/1546560661282586626 As stated in the tweets, Arbitrum has two distinct chains on the mainnet that together can support just about every blockchain use case. https://twitter.com/arbitrum/status/1546560663778213888 Nova will be...
Uniswap Has Been Laundered Via A Tornado  Cash And 4259 ETH Was Stolen.
Blockchain

Uniswap Has Been Laundered Via A Tornado Cash And 4259 ETH Was Stolen.

According to the CEO of the largest crypto exchange, the sum of 4259 ETH has just been stolen on the UniSwap ETH blockchain. CZ took to his Twitter page, the exploit was on UniSwap V3 on the ETH blockchain. The hacker exploited the huge amount of ETH through Tornado Cash. With immediate effect, the issue was attended to by the Uniswap team. Read Also: Shiba Inu's Average Balance Rose By 18% As whales Accumulate And Over 69M SHIB tokens were burnt Over the last 24 hours. https://twitter.com/cz_binance/status/1546624143432433664 Harry Denley, a security researcher at Metamask has once made this known to his 13,000 Twitter followers that as of block 151,223,32, there have been 73,399 addresses that have received fraudulent ERC-20 tokens intended to steal their assets. https://...
Web3 Protocol Once On Terra Blockchain Migrates To Polygon.
Blockchain

Web3 Protocol Once On Terra Blockchain Migrates To Polygon.

There has been a serious migration of projects from Terra (Luna) and its stablecoin, TerraUSD (UST) since the inception of the collapse of Terra. Dozens of protocols have chosen to move to polygon network (MATIC). For instance, as stated by Wyatt, over 48 projects which include NFT ecosystem One planet and Derby Stars HQ Play-to-Earn protocol, have already moved their development workloads to Polygon Network (MATIC). Read Also: One Of The Largest Ethereum Chain investors, Gimli Acquired A whopping 750 Billion Shiba Inu Worth Of $8.4 Million Web3 Protocol On Polygon Ryan Wyatt, CEO of polygon studio, tweeted on July 8th about the new migration from Terra to Polygon Network. The migration of Web3 protocols from Terra 9Luna) blockchain. https://twitter.com/Fwiz/status/1545555...
XRPL Soon To fully House Layer 1 smart contracts As XRPL Labs Announced The Rollout Of Hooks Builder.
Blockchain

XRPL Soon To fully House Layer 1 smart contracts As XRPL Labs Announced The Rollout Of Hooks Builder.

According to the WietseWind, a lead developer at the XRPL Labs, who designed Xumm, Ripple’s XRPL Labs, the software development firm behind the XRPL, has lately announced the rollout of Hooks Builder, a web-based development environment that allows developers to test, debug, and deploy Layer-1 smart contracts on the XRPL. Read Also: Do Kwon Answers Users On LUNC Network Upgrade. https://twitter.com/WietseWind/status/1545355389918658564 More also, he stated “One of the biggest things for the XRP Ledger (but I’m biased). Today the world can build “layer 1” smart contracts on the XRP Ledger, with our now published browser-based “Hooks Builder”, on our live “Hooks Testnet”. All the Hooks source code is now public + PR to rippled.” Read Also: Binance Is Now Registered As A Virtua...
Do Kwon Answers Users On LUNC Network Upgrade.
Blockchain

Do Kwon Answers Users On LUNC Network Upgrade.

Following the curiosity of one Twitter handler, THORchain.BULL who wanted to why a governance vote earlier passed to have the LUNC delegation re-enabled is never executed and more also the users that the LUNC governance never resumed implies that the Terraform Labs has control over it, Do Kwon reply as usual that the Terraform Labs has no control over LUNC and that whoever surfaced with the offer to start delegation should coordinate validators to mechanize the pathway to upgrade the network. Read Also: Shiba Inu is Now Accepted As Payment In Dripto, A Digital Marketplace https://twitter.com/stablekwon/status/1545600281534050305 According to the THORchain.BULL, he didn’t mean any negative but he was out of curiosity to bring it to the attention of other users. he added that if ...
Binance CEO Aims To Make Binance Cut Across The Globe; He Met With The Côte d’Ivoire’s President As His Second Meeting With African Heads.
Blockchain

Binance CEO Aims To Make Binance Cut Across The Globe; He Met With The Côte d’Ivoire’s President As His Second Meeting With African Heads.

In the quest for the largest cryptocurrency exchange to cut across the globe, the CEO of Binance, Changpeng Zhao, “CZ” held a consultative meeting with various officials in Côte d’Ivoire as his crypto exchange seeks to expand its presence in Africa. Interestingly, Africa is the second-largest populated continent globally with about 1.5 billion people, research revealed that 2% of this great population involve in cryptocurrencies yet 80-90% of the population live an unbanked lifestyle. This implies that crypto has a lot of space to fill in this part of the world. Read Also: Solana Investors Filed Lawsuit Against Project Insiders For Misleading Statements. CZ revealed in a tweet on Wednesday, “Africa is primed for crypto adoption,” noting that blockchain provided that with a s...
Solana Investors Filed Lawsuit Against Project Insiders For Misleading Statements.
Blockchain

Solana Investors Filed Lawsuit Against Project Insiders For Misleading Statements.

The plaintiff, Mark young, has filed a class-action lawsuit on behalf of Solana investors against the Solana Foundation, Solana CEO, Anatoly Yakovenko, crypto investment firm Multicoin Capital and its co-founder Kyle Samani as well as a trading platform in the Northern District of California, is represented by law firms Roche Freedman and Schneider Wallace.  The lawsuit filed was on July 1st and was a result of Solana labs allegedly making misleading statements and profiting from trading unregistered securities to retailed customers. Read Also: Canada-Based Crypto Payments Platform FCF Pay Has Listed The Complete Shiba Inu Tokens. The plaintiff said the defendants made confusing statements concerning the supply of SOL and its decentralized nature and said company insiders go...
The Discussion Held By The U.S. And South Korean Officials Could Further Affect The Stablecoin Projects.
Blockchain

The Discussion Held By The U.S. And South Korean Officials Could Further Affect The Stablecoin Projects.

The meeting held by the U.S. and South Korean officials with the aim of "information sharing"  could further affect the stablecoin project. The officials of the two countries met this week to talk about May's Terra collapse. The meeting was done on Tuesday 6th June, in attendance was the chief of the U.S. Securities and Commodities Fraud Task Force, Scott Hartman. The objective of the meeting was to formalize an agreement between the two interested countries on sharing information and strengthening cooperation in investigations surrounding major securities fraud and financial crimes. Read Also: Still On The Elon Musk's Promise; Musk's Vegas Loop Company Starts Accepting Dogecoin As Payment For Rides. During the meeting, two-way obligations in exchanging on-hand data about...